Excellent investment opportunity in Redwood City! This fully occupied four plex features four spacious 2-bedroom, 1-bath units totaling approximately 2,992 sq. ft. on an approximately 5,000 sq. ft. lot. All four units are occupied by long-term tenants on month-to-month agreements with a history of timely rent payments, offering immediate rental income along with future flexibility for the new owner. The property features a detached 4-car garage, separate gas and electric meters, and a convenient two-story configuration. Ideally situated on the Mid-Peninsula with convenient access to major employment centers, transportation, shopping, and surrounding Bay Area communities. Whether you're looking to expand an investment portfolio or acquire a multi-unit property in Redwood City, this home offers an opportunity to own a fully occupied income-producing property with established tenancy.
| MLS # | 41150077 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1964 |
| Days On Site | 45 |
| Listing Provided By | Envision Real Estate & Loans, Inc | Jaime Raul Gonzalez |
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,992 |
| Garage | 4 |
| Story(s) | 1 |
| Acreage | 0.12 |
| Heating | Natural Gas |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Fireplace Yes / No | No |
| Roof | Shingle |
|---|---|
| Construction Materials | Stucco |
| Lot Features | Street Level |
| Attached Garage Yes / No | Yes |
|---|---|
| Parking Features | Garage |
| Garage Yes / No | Yes |
| State | CA |
|---|---|
| County | San Mateo |
| City | Redwood City |
| Zip Code | 94063 |
| Community Name | Not Listed |
| Listing VS Median (in Not Listed) | |
Price: $1,950,888 low | high Med: $748,994 sqft: 2,992 low | high Med: 1,167 $ / sqft: $652 low | high Med: $816 On site: 45 low | high Med: 47.5 | |
| State | CA |
|---|---|
| County | San Mateo |
| City | Redwood City |
| Zip Code | 94063 |
| Community Name | Not Listed |
| Listing VS Median (in Not Listed) | |
Price: $1,950,888 low | high Med: $748,994 sqft: 2,992 low | high Med: 1,167 $ / sqft: $652 low | high Med: $816 On site: 45 low | high Med: 47.5 | |
![]() | $1,898,000914 2nd AvenueRedwood City, CA 94063 |